Renovated Mixed-Use
For Sale
$4,900,000
797 E Market Street, Akron, OH 44305
CommercialSale, Akron, OH
Property Size66,000 SF
Lot Size1.63 Acres
Price / SF$74.24
Days on Market118
Property Features for 797 E Market Street
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning description
Commercial
Rooms
Laundry Room
Parking features
Guest, Garage
Fencing
Privacy
Elementary school district
Akron CSD - 7701
Middle school district
Akron CSD - 7701
High school district
Akron CSD - 7701
Directions
8 North or South to 18
Standard status
Active
APN
6764330
Lot size
1.63 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
TR 8 LOT 3 N OF MKT ST .660A TXBL PCL 6701071
Tax Annual Amount
41819
Legal Description
TR 8 LOT 3 N OF MKT ST .660A TXBL PCL 6701071
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
business center
exercise room
club lounges with workspaces
pool table
private event spaces
onsite laundry
Building Details
Year built
1965
Roof type
Flat
Listing Agency:
RE/MAX Crossroads Properties · RE/MAX International
(330) 929-9278
Listed By:
Jessica Nader · License #2019004118
(330) 209-2008
Added: May 5
Changed: Aug 20
Last Checked: Aug 30 at 9:06PM
MLS# 5207316
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Investment Insights
Based on property information with market context.
The 797 Building is a three-story mixed-use property totaling 66,000+ SF on 1.63 acres. The asset includes 40 one- and two-bedroom apartments, restaurant space occupied by Alexander Pierce Restaurant, and specialized hospitality areas including the Coat Room Lounge and first-floor Screen Suites. Residential interiors and common areas were renovated between 2019 and 2020, with mini-split heating and cooling added to the apartment units.
Resident and guest amenities include a business center, exercise room, club lounges with workspaces, pool table, private event areas, and onsite laundry. The property also provides multiple elevators, security and fire systems, off-street parking for 84 vehicles, public water and public sewer, forced-air natural gas heating, central air, and a flat roof. The building is located near the University of Akron, medical hubs, and downtown Akron.
Resident and guest amenities include a business center, exercise room, club lounges with workspaces, pool table, private event areas, and onsite laundry. The property also provides multiple elevators, security and fire systems, off-street parking for 84 vehicles, public water and public sewer, forced-air natural gas heating, central air, and a flat roof. The building is located near the University of Akron, medical hubs, and downtown Akron.
Key Highlights
- 66,000+ SF three‑story mixed‑use property on 1.63 acres
- 40 one- and two‑bedroom apartment residences
- Renovations completed between 2019 and 2020
Property Analytics
Property Profile
Current Use
Lease Details
40
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,993
Businesses Nearby
Explore this area
Business Placement
Demographics for 44305, OH
21,214
Population
10,230
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,166
Density / Sq Mi
$55,909
Median Household Income
$37,409
Median Earnings
$974
Median Rent
$89,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story property combining apartments, restaurant space, private hospitality venues, and resident amenities near downtown Akron.
Where is this mixed-use property located?
The property is located at 797 E Market Street Akron, OH.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: 66,000+ SF three‑story mixed‑use property on 1.63 acres; 40 one- and two‑bedroom apartment residences; Renovations completed between 2019 and 2020
